LARK DISTILLING CO. LTD — M&A Activity 2018

Apr 29, 2018

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ASX Release Date: 30 April 2018

Dear Sir or Madam:

Australian Whisky Holdings Limited receives acceptances of offer to acquire shares in Lark Distillery Pty Ltd

Australian Whisky Holdings Limited (ASX:AWY) (“ AWY ”) is pleased to announce that, further to the announcements on the 26 April 2018 and 27 April 2018, AWY has received further acceptances of its offer to acquire Lark Distillery Pty Ltd (“ Lark ”) shares as announced on 5 March 2018 (“ the Offer ”).

The acceptances of the Offer confirmed to date indicate an increase of AWY’s holding in Lark Distillery from 48.12% to 86.41%. The Offer remains open and further acceptances may be received.

As announced on 26 April 2018, AWY will shortly be calling a general meeting to seek all requisite regulatory and shareholder approvals, including the shareholder approvals required for the acquisition in accordance with Listing Rule 11.1.2 (if any, noting that approval for the purposes of Listing Rule 11.1 was previously obtained, in relation to an offer to purchase up to 100% of the Lark Shares on 27 January 2017) for the issue of the consideration shares.

Yours sincerely,

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Company Secretary Gary Stewart

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